CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A big oil build was far more than traders expected. After the headlines in Ottawa, the markets fell and crude dropped, as well.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Stocks and commodities both stabilized today. WTI was down slightly, nat gas took a big hit, and gold was up a bit on the day.
Gas prices are falling but GasBuddy.com's Tom Kloza said he doesn't think that will necessarily translate into a huge boost in consumer spending.
The recent drop in oil prices could be due to more than just lower demand, according to some analysts, who have suggested that the U.S. could be deliberately manipulating the market.
*Gas to go up by a third on Nov. 1 to $5.61 per mmBTU. NEW DELHI, Oct 18- India's government on Saturday lifted diesel price controls and raised the cost of natural gas, giving market forces greater sway as it seeks to attract energy investment, boost competition and cut subsidy costs. Lower prices of diesel and a smaller-than-expected rise in local gas rates will help...
CNBC's Jackie DeAngelis reports crude oil has bounced back over $82 a barrel.
The dog fight between major oil producers over reducing output could lead to lower prices yet.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was under $80 before the EIA report, but rallied afterward.
CNBC's Bob Pisani reports signs of stability in shale stocks, including EOG Resources, as well as health in hospital stocks after a hit from Ebola concerns.
If Ukraine takes gas from pipeline, Putin says Russia will reduce gas supplies to Europe.
Nansen Saleri, QRI president & CEO, provides perspective on the massive slide in crude oil prices and OPEC's possible production response.
CNBC's Michelle Caruso-Cabrera takes a look at how the breakeven price for wells is impacting oil prices.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day with energy futures. WTI was down slightly on the day, after falling below 80 for the first time since June 2012. Gold was up about $10 on the day.
As oil continues its spiral downward, how much further can it go?
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead onto where oil prices are likely headed. Oil continued its downward dive, hovering around $83. A severe decrease in demand is one of the reasons why oil is dropping so much.
CNBC's Jackie DeAngelis reports WTI is down more than 3 percent today and the IEA has revised its forecast for oil down by 300,000 a day.
CNBC's Jackie DeAngelis reports WTI and Brent crude continue their decline, both off at least 2 percent.
Oil prices may have tumbled but demand is set to make a modest recovery in 2015, says the International Energy Agency (IEA).
CNBC's Jackie DeAngelis reports oil continues to fall as Middle Eastern producers say they are comfortable with prices where they are and are letting prices slide.
HARTFORD, Conn.— Pipeline bottlenecks that drove up natural gas home heating prices in New England last winter could cause trouble when the weather again turns cold, but oil prices that once climbed to record territory continue to fall. That unusual sequence of events— higher prices for natural gas prices, which is promoted for its cost advantage relative to oil...
CNBC's Courtney Reagan reports on the day's activity in the commodities markets. Oil closed around $86 after the Saudis said they would be increasing production. And it was a negative day for metals, even though copper closed up slightly.